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Equity In Net Assets of Nonconsolidated Affiliates | 3 Months Ended
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Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract] |
Equity in Net Assets of Nonconsolidated Affiliates | Equity in Net Assets of Nonconsolidated Affiliates Nonconsolidated affiliates are entities in which we maintain an equity ownership interest and for which we use the equity method of accounting due to our ability to exert significant influence over decisions relating to their operating and financial affairs. Revenue and expenses of our joint ventures are not consolidated into our financial statements; rather, our proportionate share of the earnings of each joint venture is reflected as Equity income.
|  |  | Three Months Ended
|  |  |  |  | March 31, 2022 |  | March 31, 2021
Automotive China equity income (loss) |  |  |  |  | $ | 234 |  |  | $ | 308 |
Other joint ventures equity income (loss) |  |  |  |  | 59 |  |  | 57 |
Total Equity income (loss) |  |  |  |  | $ | 292 |  |  | $ | 365 |
There have been no significant ownership changes in our Automotive China joint ventures (Automotive China JVs) since December 31, 2021.
|  |  | Three Months Ended
|  |  |  |  | March 31, 2022 |  | March 31, 2021
Summarized Operating Data of Automotive China JVs |  |  |  |  |  |  |
Automotive China JVs' net sales |  |  |  |  | $ | 8,992 |  |  | $ | 9,875 |
Automotive China JVs' net income (loss) |  |  |  |  | $ | 505 |  |  | $ | 586 |
Dividends declared but not paid from our nonconsolidated affiliates were insignificant at March 31, 2022 and December 31, 2021. Dividends received from our nonconsolidated affiliates were insignificant in the three months ended March 31, 2022 and 2021. Undistributed earnings from our nonconsolidated affiliates were $2.4 billion and $2.1 billion at March 31, 2022 and December 31, 2021.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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